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News
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20 Feb 2018 2 min read
Aberdeen Emerging Markets announce positive news and developments
Aberdeen Emerging Markets announce positive news and developments – Aberdeen Emerging Markets Investment Company Limited (“AEMC”) has delivered its annual report and accounts to year ending 31st October 2017. In it they reported performance for the 12 month period, as well as some significant changes. Over the year to 31 October 2017, the company’s NAV total […]
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05 Dec 2017 2 min read
JPMorgan Asian’s dividend policy pays off
JPMorgan Asian’s dividend policy pays off – JPMorgan Asian reports that, in the year to 30th September 2017 the return on net assets was +21.5%, representing an outperformance of 2.7 percentage points over the benchmark, the MSCI AC Asia ex Japan Index, which returned +18.8% in sterling terms. The return to shareholders was +29.8%, reflecting a […]
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12 Oct 2017 1 min read
Large cap tech leaves Fidelity Asian Values behind
Large cap tech leaves Fidelity Asian Values behind – Fidelity Asian Values says that its share price returned +24.9% and the NAV returned +19.3% for the year ended 31 July 2017. This compares to the MSCI All Countries Asia ex Japan Index, which rose by 28.2%. The Board is recommending an 11.1% increase in the […]
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20 Jun 2017 3 min read
Jardine and Samsung help Aberdeen New Dawn outperform
Jardine and Samsung help Aberdeen New Dawn outperform. Aberdeen New Dawn says its net asset value (“NAV”) total return for the year was 39.0%, ahead of the total return of 36.4% from the MSCI All Countries Asia Pacific ex Japan Index. The share price total return was 38.8%, with the share price of 212.0p at the […]
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01 Mar 2017 3 min read
Pacific Horizon’s biotech positions and Samsung underweight lead to modest underperformance
Pacific Horizon (PHI), managed by Ewan Markson-Brown (pictured), has announced its interim results for the six months ended 31 January 2017. During the period, the Trust’s NAV total return was 9.7%. The share price total return was 8.0% as the discount widened from 10.1% to 11.4%. The Trust says that, over the same period the […]
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21 Nov 2016 1 min read
Martin Currie Asia Unconstrained helped by technology exposure
Over the six month period to 30 September 2016, Martin Currie Asia Unconstrained reports that, on a total return basis, the net asset value of the company increased by 19.5% while the share price gained 18.5%. The results are ahead of the headline GDP for countries in our universe growing approximately 10.8% over the last […]
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03 Nov 2016 3 min read
Edinburgh Dragon’s performance picks up
For the year to 31 August 2016, Edinburgh Dragon’s NAV rose by 31.9% on a total return basis. This was slightly less than the MSCI All Country Asia (ex Japan) Index ‘s increase of 33.0% in sterling terms. Most of these returns were generated in the second half of the year when Edinburgh Dragon’s performance picked up, […]
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12 Jul 2016 4 min read
Aberdeen New Dawn’s performance hurt by commodity price collapse
Aberdeen New Dawn has announced its annual results for the year ended 30 April 2016. During the year, the trust’s NAV fell by 15.4% to 179.4p per share (2015 saw an increase of 17.1%) while the share price fell by 15.1% to 156.0p (2015 saw a rise of 14.3%), all in total return terms. The share […]
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13 Apr 2016 2 min read
Weiss Korea Opportunity benefits from Samsung buy-backs
Weiss Korea Opportunity Fund says, during the period from 31 December 2014 to 31 December 2015, the company’s NAV per share increased by 11.70%, outperforming the reference MSCI Korea 25/50 Capped Index, which returned -1.1% in Sterling terms. The company paid a dividend of 1.8580 pence per share on 26 June 2015. The Directors intend to return […]
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30 Mar 2016 2 min read
Board says JPMorgan Emerging Markets Income performance disappointing
For the six months ended 31st January 2016, JPMorgan Global Emerging Markets Income reported a 12.9% decrease in net assets per share. This compares with a decrease of 8.7% from the MSCI Emerging Markets Index (in sterling, with net dividends reinvested). The Chairman’s statement describes this as disappointing. The company’s share price has now moved […]
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18 Dec 2015 2 min read
Aberdeen New Dawn impacted by Chinese slowdown despite low exposure
Aberdeen New Dawn has announced interim figures for the six months ended 31 October 2015. Its benchmark, the MSCI AC Asia Pacific ex Japan Index, fell by 16.4%, while the net asset value fell by 17.0% (both on a total return basis). The share price declined by 16.7% (also on a total return basis), ending the period […]
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16 Dec 2015 3 min read
Invesco Asia outperforms helped by Chinese internet exposure
In a difficult period for Asian stock markets, Invesco Asia Trust outperformed its benchmark over the six months ended 31 October 2015 returning -11.8% vs. -16.3% for the MSCI Asia ex Japan Index. The return to shareholders was -13.1% as the discount widened from 9.8% to 11.0%. The manager’s report says that the company’s holdings […]
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20 Nov 2015 2 min read
Templeton Emerging suffers in EM sell-off
Templeton Emerging Markets has published results covering the six month period that ended on 30 September 2015. emerging markets had a tough time during this period, selling-off sharply and underperforming developed markets by 9.1% (comparing the two relevant MSCI Indices). Over the six months the fund generated a negative total return on net assets and underperformed […]
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03 Nov 2015 3 min read
Edinburgh Dragon’s China underweight impacts performance
Edinburgh Dragon Trust has announced its final results for the year ended 31 August 2015. During the year the trust’s NAV fell 12.4%, in total return terms, underperforming its MSCI All Country Asia (ex Japan) benchmark which fell 9.1% (all in sterling terms). During the period, the share price fell by 12.8% to 235.8p, as […]
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01 Oct 2015 1 min read
Henderson Global matches benchmark in first half
Henderson Global Trust has published its interim results covering the six months ended 31 July 2015. Over this period the net asset value total return of 1.6% matched that of its benchmark, MSCI All Country World Index (in sterling terms, total return), but a small widening of the discount left the fund with a return […]
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05 Dec 2014 1 min read
Good six months for Polar Capital Technology
Over the six months that ended on 31 October 2014, Polar Capital Technology beat the Dow Jones World Technology Index by 2.4% in a strong period for the sector – the Index was up 16.3% in sterling terms and the NAV up 18.7%. The share price rose by 19.2%. The manager says the most significant positive […]